Insurance Agent Assistant salary in Iceland

Average Yearly Salary of Insurance Agent Assistant in Iceland is approximately 5,626,762 ISK (39,163 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Insurance Agent Assistant do?

An insurance agent assistant provides administrative support to insurance agents in various tasks related to policy management, customer service, and sales. They assist in processing insurance applications, collecting client information, and preparing policy documents. Insurance agent assistants also handle client inquiries, provide basic information about insurance policies, and assist with claims processing. They may schedule appointments, maintain client databases, and handle correspondence. Additionally, they help insurance agents with marketing activities such as generating leads, organizing promotional events, and maintaining social media presence.

Skills: Insurance, Administrative support, Customer service, Policy management, Sales assistance, Claims processing
Job industry: Insurance

How much does Insurance Agent Assistant make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Insurance Agent Assistant a well paid job?

No, our data shows that Insurance Agent Assistant is typically not a well-paid job. The salary varies based on experience. Meaning that even though Insurance Agent Assistant might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Insurance Agent Assistant?

High salary for Insurance Agent Assistant would be somewhere between 6,189,438 ISK and 8,158,805 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Agent Assistant in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 5,626,762 ISK
Estimated Monthly Salary: 468,897 ISK
Estimated Weekly Salary: 108,207 ISK per week
Estimated Hourly Salary: 2,705 ISK per hour
By working as Insurance Agent Assistant a person can save up to 535 USD per month or 6,417 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Insurance Agent Assistant

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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